In XX century, innovation was seen as the means to turn research results into commercially successful products or services. Today, technological innovation alone is not enough. Facing a tidal wave of global economic, technological and social change, you are not going to survive in the new rapidly globalizing economy through technological innovation alone. If you are going to withstand relentless global competition, you need to radically change the way of doing business.

 

Innovation vs. Operations

Proactive and Reactive Innovation

Radical and Incremental Innovation

3Ss of Innovation Management

 

 

 

While research keeps playing its critical role as a major contributor to innovation, many new forms of innovation have emerged. They include intuitive innovations, system's approach to integration and synergizing of new ideas, technologies and processes from other fields, new business models and ways of doing business, and new ways of reaching and servicing customers.

 

 

Vadim Kotelnikov innovation quotes

Love for customers is the springhead of the cascade of innovations and the river of revenues.

Vadim Kotelnikov, founder of 1000ventures - personal logo  Vadim

Founder

 Business e-Coach  Innoball  Innompic Games icon

 

 

Synergy Innovation

"You can't do carpentry, you know, if you only have a saw, or only a hammer, or you never heard of a pair of pliers. It's when you put all those tools into one kit that you invent."

~ Peter Drucker

The Rainbow of Innovation

Innovation can have different:

Drivers:
passion, vision, strategic intent, challenge, catalysts, competition, simulation games

Focus
value, strategy, technology, processes, organization, marketing, finance, partnerships and other external relationships, synergy

Scope:
micro-, midi, macro- or mega-innovation

Types:
proactive or reactive; incremental or radical; hard or soft; platform, derivative or radical (PDR >>>

Sources:
technology transfer or development of new business models  /concepts.

 

 

Vadim Kotelnikov innovation quotes

Love is the greatest source of innovation. You become an inspired, energized and unstoppable innovator when you love what you do and love your customers.

Vadim Kotelnikov, founder of 1000ventures - personal logo  Vadim

Founder

 Business e-Coach  Innoball  Innompic Games icon